ArchKey Solutions, a premier installation and integrated facilities services business that designs, engineers, builds and maintains electrical, technologies, and specialty systems nationally, recently announced its acquisition of Total Electric, LLC.
Founded in 1983 and based in Upper Marlboro, Md., Total Electric specializes in electrical and specialty service, repair, maintenance, and tenant improvements for strategic clients across a diverse set of end markets. Total will become part of the ArchKey/Mona segment, operating in the Eastern United States. The Cosine Group, a division of Armory Securities, LLC, served as the exclusive financial advisor for Total.
"We are excited to welcome Total and its team into ArchKey," said Steven Stone, ArchKey's chief executive officer. "As we expand our facilities services platform, Total's proven track record in facilities service, maintenance, and upgrades is highly complementary to ArchKey/Mona's growing regional service business."
As part of the ArchKey/Mona team, Total will be able to service customers across a broader footprint. "Consistent with our strategic plan, ArchKey is building a national, scalable, integrated facilities services business that is positioned to meet and exceed the growing needs of our end clients," Stone added. "With the increase in electrification, customers need a trusted partner they can rely on for maximum uptime and preventative maintenance on all systems, everywhere they operate. ArchKey is uniquely positioned, and with the addition of Total, we can continue to strengthen our service offerings."
